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in some sections of the u.s., and hurricane sandy hampered northeast economic growth. information compilied in the fed's beige book will be considered at the fed's next meeting december 11 & 12. the dollar figure on damage caused by superstorm sandy continues to climb. new jersey governor chris christie is asking the federal government to cover nearly $37 billion in damages. fema has already handed out more $500 million in assistance. yesterday, new york governor andrew cuomo pegged sandy damage at $32 billion in his state. insurance giant allstate predicts it will lose 1 billion dollars in catastrophe costs in october, mostly due to sandy. bp is getting a slap on the wrist from the government. the enviornmental protection agency will temporarily suspend the company from opening new contracts. following the 2010 deepwater horizon spill, the epa says bp acted with a "lack of business integrity." it will not impact bp's current contracts. earlier this month, bp pled guilty to charges connected to the 2010 deepwater horizon spill and was slapped with a $4.5 billion fine. bp's suspen
are back on track after hurricane sandy disrupted the pace. dealership showrooms are busy again with people forced to buy cars demolished by the storm, and consumers are feeling more confident about the economy. at ford, sales were up 6.5%. gm reported a 3.4% hike in sales, while at chrysler, a 14% boost was reported. joe wiesenfelder of cars.com says due to superstorm sandy, the numbers may continue to roll in positive for months to come. "some of what we are seeing is probably deferred purchases in november from that period of the storm itself. gains were also reported among foriegn brands like toyota, where sales were up 17%. the automaker continues to recover from last year's devastating tsunami. a deal may be taking flight between virgin atlantic and delta. reuters reports that singapore airlines is planning to sell its 49% stake in virgin atlantic. sources say delta could be stepping in to buy, which would give delta access to virgin atlantic's hub at london's heathrow airport. due to heathrow's high volume of flights, many airlines are interested in acquiring space there. the bank at
stock is up 8% after announcing job cuts in the effect of hurricane sandy on job growth. it plans to cut 11,000 jobs starting in 2014, that is 4% of the total workforce at locations around the world. most of them would come from the bank's consumer banking unit. business analyst blame sandy for a lower number of new jobs in november. >>> the cadecott tunnel turns 75 today. it opened in 1937 connecting oakland and orinda. it is build 27 years later. a fourth one is being drilled through the east bay hill. it is scheduled to open next year. they will have four lanes in each direction at all times. >> today on the news at five. in or era, where we hear about state budget cuts. the many lawmakers take advantage of this. and it is all paid for by taxpayers. >> they are on the list and the services they receive. >> thank you for trusting ktvu, channel 2 news. be sure to join us again at five. we are always here for you and at ktvu.com.
coast are trying to make homes livable following super storm sandy. under the program they will be sending contractors at no charge to homeowners. 400 projects have been completed so far but some say help is not coming fast enough. >>> at least 33 people are dead after a powerful typhoon hit the philippines overnight. the storm has knocked out power and suspended major land slides and more than 1,000 people evacuated -- have been evacuated from their homes that were hit hard one year ago. >>> the u.s. geological survey is warning homeowners about the danger coming up at 5:00. >>> the strike continues at the largest port complex. they set up picket lines at long beach one week ago today. dockworkers are refusing to cross those picket lines and that means ships are sitting outside the port and that means shortages in retail stores through the holiday season. >>> they will discuss a plan to shoot at birds at runways. it will allow trained employees to shoot blank or bird shot to disburse flocks of birds. more than 180 air collisions have happened. >>> and united airlines
of that merchandise off the shelves. > a number of retailers are mentioning that hurricane sandy damaged their sales. could that benefit some consumers? > > it is going to depend on where you live. if you live on the east side or the northeast side, where you were hit by hurricane sandy, you are probably going to see some good sales on luxury items, because right now people are spending their money on home improvement, and they are spending their money on recouping the everyday stuff they lost in the hurricane. meanwhile, on the west coast, those luxury items are already being sold at a pretty steady pace right now, so you are not likely to see a lot of sales on that. but certainly there will be sales, and dependent on how the season progresses, you can expect sales like that. but you are better off on the east coast getting sales on luxury goods than you will be on the west coast. > thank you very much for that update. jen waters. > > thank you. two million toys seized so far this year, and that's before christmas. that number comes from the u.s. consumer product safety commission, along with u.s.
as having black hair, dark eyes and a light sust -- car damages after superstorm sandy boosted car sales. ktvu's cara liu is live. what are we seeing in the south bay? >> reporter: this dealership sold six cars over the weekend. including an suv like this one. they say that is a good weekend considering the rainy conditions. >> reporter: u.s. car sells were up in -- sales were up in november. he says it is one of several indicators the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. looks like the housing market may have bottomed out. so it is a recovery. >> reporter: volkswagen up 35%. and toyota up 17%. chrysler up 14%. here in the bay area, they say the november numbers aren't in but so far they beating the national trend. >> we are seeing increased sales. again, some 25% year to date this year. >> reporter: he says it is encouraging news that more people are willing to buy new cars and trucks. >> in the united states athere is 17 million cars and truck -- states there is 17 million cars and trucks. >> reporter: november was a difficult mont
some skewed data from hurricane sandy but you back that out and i think things really stand the same. gold futures and options are very popular right now. what's going on here? i think really one has to think about if this economy would ever get any legs, any momentum. you have to think about the inflation picture. the fed has got so much emphasis on this market. it's an open ended quantitative easing market at this point. any type of momentum, any type of inflation, people are going to be concerned about that and that's why you're seeing this major interest in gold. will warmer this week bring a chill to nat gas? i think definitely it will. you saw last week futures prices sink back to 350 or so on a bigger build in inventories when we were expecting a draw. we look at the extended range forecast and we do see warmer temps across the east coast and the midwest. it's going to take a cold winter to draw off these inventories and to bring prices back up to higher levels and we're just not seeing that at this point. thanks kevin, have a good week. thank you. mexico's new president was i
is a sign that nearly the effects of superstorm sandy has faded. and this comes as the government releases the closely- watched survey for november. >>> apple will produce one of its existing lines of mcintosh computers next year. tim cook, the ceo, did not say which line or where in the house -- where in the u.s., the computers will be assembled. many are made in china. in the 1980s, they were made in fremont. in 1990, the production moved to elk grove in sacramento county. >>> lawyers for apple and samsung are scheduled to be back in federal court in san jose today. samsung wants the judge to throw out a billion-dollar judgment against it for infridgement and wants the judge to add $5 million of the award and -- apple wants the judge to add $5 million to the award. apple's stock, it is up nearly 1% after taking a big fall yesterday. >>> the grammy nominees were announced this morning and "fun" could get all top three awards for album, record and song of the year. "fun" shares a tally of six nominations with five other artists -- >>> the san francisco symphony also received a nod for best
for victims of sandy. he met with more than a half dozen lawmakers on capitol hill. the state of new york is asking for $42 billion in additional federal aid and new jersey needs federal aid to cover most of the nearly 37 billion-dollar cost for recovery and rebuilding. >> trying to stop a killer. we are just finding more about the brave action of one man during that cement plant shooting last year. it cost him his life. > shocking stories from survivors of that fire. the action of managers that increased the death toll. iramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a passat. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment on any new volkswagen. visit vwdealer.com today. . >>> cloudy to mostly cloudy. windy as well, temperatures upper 60s for some, some light rain but a break today until tonight and then another strong system,
, the commerce department said americans cut back on spends. does ropes from sandy could slow growth for the rest of the year taking a like look the dow up six, back above 13,000. the nasdaq down three. >>> we are watching zynga stock and it's -- that and facebook changed their relationship status so it's less exinclusive. a new agreement lets facebook develop it's own games, zynga no longer has to use facebook. >> personal income and consumer spending was affected by sandy. it's a new government report out that said consumer spending fell two tenths of a percent in october. the first decline in five moss. economists expected to go up slightly. personal income stayed flat in october. the experts expected the increase of two tenthths of a percent but the government said that hurricane sandy reduced salaries by more than $18 billion for that month. >>> the los angeles auto show will open later this day and the ford fusion is a big award winner. it's the greenest car of the year because of all the power options this include a hybrid version, a plug in hybrid and a gas saving thank saving turbo gas
congress to move fast to approve federal funding for hurricane sandy. they met with a dozen lawmakers and new york is asking for $42 billion in extra aid. they are asking for the almost $27 billion in recovery. >>> well earlier today they are voting whether to recognize palestinians is an observer state. mahmoud abbas is looking for a political vote. >>> and there is an accident in the east bay, let's check in with tara. >>> it is sandwiched on east 14th street and there is a big truck that slammed into three parked cars and now it is leaking tee sill fuel. right now we are looking at our maps if we can show you, this is that 84 eastbound near the high-rise to be aware of that. those taillights, those folks are headed towards the caldecott and finally looking fine. you can barely see but traffic is doing well. 5:09 here is steve. >>> tara good morning, mostly cloudy skies to the north, our system has a ways to go but the winds are in advance of that. this is yesterday. almost two inches of rain, forestville west santa rosa i had to squeeze that in there. kevin levy picked up an inch a
on record. the average is 12. we are showing you damage brought by superstorm sandy and hurricane isaac. it was one of 10 named storms. >>> storm season here in the bay area and a big one is on the way. hitting parts of the bay area. >> this one will have more of a punch than the one a few days ago, or yesterday. this will have more rain and wind. the moisture pushing in to the west coast. heavy rain. that is a big looking storm. isn't it? we check out the radar. showers throughout the bay area. the focus of the rain tonight and tomorrow will be up here in the north bay. the concerns will be for the russian river drainage basin. looking for heavy rain in feather canyon. second storm tonight starts tomorrow morning for most of the bay area. 6:00 a.m. we are going to have the flash flood watch in effect. wind advisory in effect and a high service advisory in effect. those combine to make for a nasty friday morning commute. the story tonight, heavy rain in the north bay. works south over night into tomorrow. good news with this, there is breaks. at least it looks like there is a break. you
damaged from sandy. contractors will be isn't out to repair the homes at no charge to the montgomerys -- to the homeowners. most of the money is coming from pea -- fema. new york is paying for the rest of it. some say the help is not coming fast enough. >>> also, the mayor of america whack, new jersey will begin its challenge to live on food stamps for a week. he made that bet on twitter with one of its followers last month. the two will eat only what they can buy with $28.78. that's the average that people spent with food stamps. he will live off beans, corn and apples for the next week. >>> 7:44. frightening story for any parent. your child is missing. ktvu's pam cook is in the newsroom with this story. >> the child missing is lost by those paid to watch over her. she's autistic. staff members say they followed her for several blocks to the fruitvale b.a.r.t. station where they lost sight of her. she was found two days later on a muni bus in san francisco. family members say she was badly beaten and sexually assaulted. >> i'm looking at my daughter -- and by the bruises, i know what
initial claims. they say it's a sign nearly all of the effects of superstorm sandy on the labor force have evaporated. this report comes a day before the government releases its closely watched job survey. there are reports that hiring sank last month because of sandy. >>> a new study shows if taxes go up on upper-income americans, the passage of proposition of 3 -- of proposition 30, raised the tax rate for california's highest income earnser -- earners to 13.3%. if the bush cuts expire at the end of the year, that would brick the overall tax rate for higherners in rainfall -- high earners to 51%. >>> this afternoon, president obama will visit a family in northern virginia. he will be talking about the importance of congress extending tax cuts for middle- klaas americans. it's all -- middle-class americans. it's tall about taking action to avoid the fiscal cliff by the end of the month. >>> back here, san jose police investigating a dadly hit and run. last night a man believed to be in his 50s was killed while crossing the intersection at white and kimby roads. he's the -- qwimby roads. t
to replace cars and trucks damaged by hurricane sandy boosting car sales. the sales jumped 14% compared to the same time last year. ford reports at 7:00 this morning gm reports an hour later. among foreign car makers analysts expect honda to see a sales increase of 33%. they also believe volkswagen will see a 25% jump in sales. which will boost it past its sales for the whole year. >>> it's one of the stories you are talking about. what happened with a dolphin at sea world. you have to see what happened to this little girl. now there is a demand that sea world make changes. >>> plus new information on the cat and mouse game silicon valley millionaire mcafee is playing with police in central america. ♪ [ female announcer ] nature exists on the grandest scale... ♪ ...and in the tiniest details. ♪ and sometimes both. nature valley granola thins pack the big taste of granola and dark chocolate into one perfect square, under 100 calories. nature valley granola thins. nature at its most delicious. >>> welcome back to the ktvu channel 2 morning news. if you haven't seen it pretty surpris
in the park. >> one month later volunteers continue to work side along resident affected by super storm sandy. the cleanup is overwhelming. volunteers from operations less in international chip away at the huge mess. in the wake of super storm sandy, hospitals looking at their own disaster plans and covering their bases. the hospitals routinely test their preparedness. after the storm, officials are taking closer look at fuel and water supplies, how to handle crowd control, and the importance of finding volunteer help in the event of failed communication. >> if you've been with us this morning, rosemary is here. we are talking about the weather. this is one of the biggest weather warnings. fortunately, it's not on a regular commute. heavy rain and wind. as you look at this picture, the national weather service -- this is a big deal -- they've issued a flash flood warning for napa and sonoma county. it's only going to last for the next 45 minutes. it tells me this is a fast- moving storm. how else can i tell that? because it is why storm reports. it is right now moving through the central day.
that the player involved is belcher. >>> we are getting a closer look at the damage sandy caused at new york's liberty island. the statue is designed to sway in the wind and wasn't damaged but there was four to eight feet of flooding the night of the storm which did cause problems to the structure. the basement of ellis island flooded. >> let's head over to rosemary who is watching the break in the weather we are experiencing. >> new tomorrow tomorrow. it'll really becoming down. the sca of scattered showers winding down, mainly dry, mostly cloudy saturday. vallejo, concord, san rafael, richmond, slide south just a little bit. down into san francisco, daly city, oakland, a few scattered showers in and around concord, walnut creek, maybe a few hit or miss your way. this we are pretty much rid of by tonight. the light rain will be back. tomorrow morning it's really going to hit us by about five over the north bay. 7:00 it slides across the bay. we are all getting wet, heavier rain into nine for the central and south bay. by one, two it's out of here and we are looking at pretty dry condition
Search Results 0 to 16 of about 17